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Block posts 34% increase in Bitcoin revenue in Q2 but shares stumble

Bitcoin profits on Block’s Cash App dropped slightly from the first quarter of 2023 but remain up 7% from this time last year.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Block posts 34% increase in Bitcoin revenue in Q2 but shares stumble

Bitcoin profits on Block’s Cash App dropped slightly from the first quarter of 2023 but remain up 7% from this time last year.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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